(3 Minutes Read)
The Senegalese Agency for the Promotion of Investment and Major Projects (APIX) received a high-level American delegation led by Molly Phee, Assistant Secretary of State for African Affairs in the United States. Accompanied by the US Ambassador to Senegal and private sector representatives, Phee held a strategic meeting with Bakary Sega Bathily, Director General of APIX, to promote American investment in the Teranga region.
Bathily emphasised the importance of APIX as a gateway for foreign investors in Senegal and recalled his agency’s commitment to supporting both institutional and private investment initiatives. APIX‘s goal is to promote inclusive and harmonious development in the territories by attracting investments that will boost employment and local growth,” he said.
Phee praised Senegal’s attractiveness to foreign investors, particularly in the context of Vision Senegal 2050, which aims to transform the country’s economy. She emphasised the importance of partnerships between Senegal and the United States, particularly through special economic zones that create opportunities in sectors such as agriculture, technology, and industrialisation.
The director of APIX thanked Phee for her proposal to set up a joint commission to monitor economic reforms, saying this would make Senegal more attractive by promoting transparent governance and greater private investment.
Read Also:
https://trendsnafrica.com/fatf-takes-senegal-off-from-dirty-money-list-boosting-investor-confidence/
This visit follows recent discussions between US Secretary of State Antony Blinken and Senegalese President Diomaye Faye on the sidelines of the United Nations General Assembly and the latter’s visit to Silicon Valley. APIX and its partners are committed to accelerating the reforms needed to build a diversified, resilient, and inclusive Senegalese economy, notably by simplifying administrative procedures and promoting digitalisation.